Bitcoin derivatives markets recorded over $310 million in liquidations within 24 hours, with long positions accounting for $268.07 million, according to CoinGlass data. The cryptocurrency briefly touched $94,000 after extended selling pressure, creating a 512.73% imbalance between long and short liquidations. Short positions accounted for $43.75 million of the total wipeout.

The Bitwise Solana ETF (BSOL) has recorded consecutive daily inflows totaling $357.8 million since its October 28 launch through November 14, 2025, without experiencing any outflows. Grayscale's competing GSOL product has drawn $24.4 million since October 29, showing mixed daily flow patterns.

Ethereum's Fusaka upgrade will launch in early December, Ethereum's official channels announced on November 12. The update introduces distributed blob storage, enabling nodes to store only one-eighth of blob data instead of full datasets. The upgrade aims to lower transaction costs for Layer 2 networks while reducing hardware demands for node operators.

Spot Solana exchange-traded funds from Bitwise and Grayscale attracted approximately $199 million in net inflows during their first four trading days through October 31, 2025. Bitwise's BSOL accounted for $197 million of the total, while Grayscale's GSOL contributed $2.2 million, according to Farside Investors.

Tether announced October 24 it expects to earn $15 billion in profit this year, operating at a 99% margin with $183 billion USDT in circulation. The stablecoin issuer has reached 500 million users globally and is in discussions with SoftBank Group and Ark Investment Management to raise up to $20 billion for a 3% equity stake.